16, FARM CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8RP - £402,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 FARM CLOSE is a very large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £402,500 in August 2023, which was around 6% below the average August 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

16 FARM CLOSE Sold Prices

Land registry data shows two sales for 16 FARM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 16 FARM CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 15 AUG	£402,500	£426,969	6% below HPI
2014 19 SEP	£280,000	£282,904	1% below HPI

16 FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 16 FARM CLOSE sales from September 2014 and August 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 16 FARM CLOSE?

16 FARM CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 16 FARM CLOSE lies on this distribution: 83% of detached houses are smaller than 16 FARM CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 FARM CLOSE: Plot and Title Map

16 FARM CLOSE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 16 FARM CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 FARM CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 FARM CLOSE?

16 FARM CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 16 on FARM CLOSE.